Having a conversation, eating, sleeping, taking in music, and reading a book. Anything you can think of has an app for it.
In recent years, the market for smartphone apps has grown astronomically. The worth of the global sector is currently estimated to be around USD 110 billion, with a predicted increase to USD 407 billion by 2026.
The UAE’s current trend is consistent with the rest of the world. According to predictions, the nation will control 60% of the expanding Middle Eastern market.
So, it should come as no surprise that more and more business owners are trying to establish themselves in this rapidly expanding industry. In addition to high demand, the UAE offers mobile app developers 0% tax, simple access to markets in Europe, Asia, the Middle East, and Africa, and a supportive business climate.
So, everything you need to know about starting an app development company in Dubai is provided here.
Advantages of establishing an app development business
There are numerous advantages to launching a software company in Dubai. For starters, the procedure may be made quick and economical with the assistance of a UAE business formation specialist.
A specialist in business formation may handle each step of the application procedure on your behalf, including assisting with the definition of your operations, selecting a company name, and submitting licence and visa applications.
App development also offers fairly modest overheads, provided you already have the necessary abilities and processing capacity. When you labour to order and are frequently not required to take on actual premises, the majority of your time is billed.
Launch an app development company in the UAE right away, and you’ll have access to a sizable and expanding market. Customers in the UAE are starting to count on their service providers to offer an app-like experience. One such example is the food and grocery industry. There are now many apps in this market, including Talabat, Deliveroo, Zomato, and others, demonstrating the rising demand for Mobile App Development Service in Dubai.
Several industries are eager to adopt this trend in order to gain from increased audience engagement, client loyalty, and brand visibility.
How much does it cost to launch a mobile application?
There are a number of costs to take into account when launching a business in the UAE. You’ll also need to budget for employee salaries and insurance, buildings (if necessary), equipment, and a business licence in addition to a visa.
You’ll need to spend money on software and a relatively capable computer if you’re beginning from scratch. The costs of beginning a business are relatively minimal if you already have this and are starting small. Only your licence and visa costs will need to be taken into consideration.
Speaking with a company formation professional is the best approach to estimate costs because there is so much room for change. They can get to know your company and customise a quote for your particular requirements.
How to launch a mobile app development company in Dubai?
You decide to launch a software company in Dubai. What you must do is as follows.
Get the assistance of a reputable company formation expert first. They will begin by determining whether your company would be better off operating on the mainland or in a free zone.
Both arrangements have benefits. A quick and simple incorporation process, ongoing business support, and financial incentives like tax exemptions and no currency limits are just a few of the advantages that free zones like Fujairah Creative City provide.
They will then assist you in choosing your business activity. The fact that your chosen activities correspond with those on the official Department of Economic Development (DED) list is crucial in this situation.
It’s now time to decide on a company name. Be advised that there are specific name conventions that you must follow in the UAE.
Simply put, you must refrain from using vulgar or unpleasant words. Avoid abbreviations and well-known corporate names when naming your business after yourself; for example, use Dave Mann Consulting rather than D Mann Consulting. Moreover, make sure that your desired name is accessible for registration.
You can apply for your trade licence once you’ve made these important choices. A few specifics and some fundamental paperwork must be provided, including:
- Filled-out application
- A copy of the putative owner(s)’ passport
- Two passport-size photographs in colour.
Finally, you’ll need to apply for a resident visa in the UAE if you don’t already have one.
Similar to applying for a business licence, applying for a visa can be very simple if you have the appropriate advice.
Also, you are able to sponsor individuals for visas if you have a UAE company licence. This could be a household helper like a housekeeper or a spouse, parent, or child.
Ready to launch a software company in Dubai, United Arab Emirates?
Starting a Mobile App Development Company in the UAE doesn’t have to be too difficult if you have the appropriate information.
Nonetheless, some prior understanding of the procedure is necessary. Also, it’s crucial to keep in mind that the application procedure is only simple if your licence application is finished and error-free at the time of submission.